Revenue: As of FY2025 Q3, the actual value is USD 2.47 M.

EPS: As of FY2025 Q3, the actual value is USD -0.52.

EBIT: As of FY2025 Q3, the actual value is USD -536.9 K.

Segment Revenue

• Rental Income: $2,454,848 for the three months ended September 30, 2025, compared to $2,326,980 for the same period in 2024. For the nine months ended September 30, 2025, rental income was $7,248,050 compared to $6,850,092 in 2024.
• Other Income: $15,261 for the three months ended September 30, 2025, compared to $73,302 for the same period in 2024. For the nine months ended September 30, 2025, other income was $35,924 compared to $242,598 in 2024.

Operational Metrics

• Net Loss: - $1,717,854 for the three months ended September 30, 2025, compared to - $2,103,549 for the same period in 2024. For the nine months ended September 30, 2025, net loss was - $6,981,835 compared to - $5,444,133 in 2024.
• Operating Loss: - $1,699,332 for the three months ended September 30, 2025, compared to - $1,369,433 for the same period in 2024. For the nine months ended September 30, 2025, operating loss was - $5,548,128 compared to - $4,040,696 in 2024.
• General and Administrative Expense: $585,193 for the three months ended September 30, 2025, compared to $577,565 for the same period in 2024. For the nine months ended September 30, 2025, general and administrative expense was $1,643,464 compared to $1,632,018 in 2024.
• Building Expenses: $635,717 for the three months ended September 30, 2025, compared to $729,062 for the same period in 2024. For the nine months ended September 30, 2025, building expenses were $1,975,060 compared to $2,067,356 in 2024.
• Depreciation and Amortization: $1,287,112 for the three months ended September 30, 2025, compared to $1,068,081 for the same period in 2024. For the nine months ended September 30, 2025, depreciation and amortization were $3,844,454 compared to $3,474,918 in 2024.
• Interest Expense, Net: $1,162,436 for the three months ended September 30, 2025, compared to $1,098,608 for the same period in 2024. For the nine months ended September 30, 2025, interest expense was $4,429,454 compared to $3,142,489 in 2024.
• Compensation Costs: $498,983 for the three months ended September 30, 2025, compared to $296,399 for the same period in 2024. For the nine months ended September 30, 2025, compensation costs were $939,670 compared to $816,605 in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $415,553 for the nine months ended September 30, 2025, compared to $783,511 for the same period in 2024.
• Net Cash Provided by (Used in) Investing Activities: $10,333,595 for the nine months ended September 30, 2025, compared to - $5,960,892 for the same period in 2024.
• Net Cash (Used in) Provided by Financing Activities: - $11,114,799 for the nine months ended September 30, 2025, compared to $3,607,045 for the same period in 2024.

Unique Metrics

• Loss on Derivative Valuation: - $11,256 for the three months ended September 30, 2025, compared to - $734,116 for the same period in 2024. For the nine months ended September 30, 2025, loss on derivative valuation was - $427,081 compared to - $308,570 in 2024.
• Loss on Extinguishment of Debt: - $926,398 for the nine months ended September 30, 2025, with no comparable figure for 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue focusing on acquiring and managing income-producing retail, office, and industrial properties net leased to high-quality tenants in major markets throughout the United States. The company aims to optimize portfolio assets and divest properties where performance has not met management objectives or where market conditions provide favorable opportunities.
• Non-Core Business: The company has appointed a Special Committee to support strategic initiatives, including evaluating opportunities to optimize shareholder value and benefits to the company. This includes potential refinancing and extending terms for preferred equity and loans.
• Priority: The company emphasizes strategies with concrete projections or quantitative indicators, such as refinancing and extending terms for preferred equity and loans, and optimizing portfolio assets.